Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: QFEX against Bybit−0.172%7-day average −0.206% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$167as in the Price arb table
costs, in and out, $10k−$1711.707% of the position
Funding, last 4 days (all we have)0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.133%+$13 · spread now −0.172%, 7d avg −0.206%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: QFEX is 0.034% dearer against Bybit than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.206%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MRNAUSDT | 169.07 | 0 | get 0.0000% / 8h | 7h 29m | $908K | $616K | 25x |
| Short | QFEX MRNA-USD | 168.78 | 0.0000 | pay 0.0000% / 1h | 29m 58s | $1.1M | $2.6M | 10x |
Bybit MRNAUSDT
QFEX MRNA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Bybit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$0.05
- Price spread: −0.172% → −0.206%
- $3.4
- Slippage, 4 orders
- −$149.66
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$167.3
- Costs to cover
- 1.707%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 30 min ago; QFEX: live order book, 3 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 30 min ago | 4.93 bp | 40.0 bp −$40 | 749.4 bp −$7,494 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 3 min ago | 7.39 bp | 27.4 bp −$27 | 33.0 bp −$330 | doesn't fit | doesn't fit |
MRNA on 21 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX MRNAUSDC | −0.0824% | 4h | 169.14 | +0.040% | $3K | $253K | 10x | as long as short |
| QFEX MRNA-USDshort | 0.0000% | 1h | 168.78 | −0.172% | $1.1M | $2.6M | 10x | |
| Aster MRNAUSDT | 0.0000% | 8h | 169.29 | +0.130% | $26K | $82K | 20x | as long as short |
| Binance MRNAUSDT | 0.0000% | 8h | 169.00 | −0.041% | $2.1M | $11.5M | 20x | as long as short |
| Bybit MRNAUSDTlong | 0.0000% | 8h | 169.07 | long leg | $908K | $616K | 25x | |
| OKX MRNA-USDT-SWAP | 0.0000% | 8h | 168.90 | −0.101% | $1.2M | $5.4M | 20x | as long as short |
| Gate MRNA_USDT | 0.0000% | 8h | 169.05 | −0.012% | $863K | $982K | 20x | as long as short |
| Bitget MRNAUSDT | 0.0000% | 8h | 168.83 | −0.142% | $2.5M | $10.8M | 20x | as long as short |
| Variational Omni MRNA | 0.0000% | 8h | 169.33 | +0.152% | $54K | $92K | — | as long as short |
| GRVT MRNA_USDT_Perp | 0.0000% | 8h | 170.34 | +0.751% | $3 | $133K | 10x | as long as short |
edgeX MRNAUSDC
Aster MRNAUSDT
Binance MRNAUSDT
OKX MRNA-USDT-SWAP
Gate MRNA_USDT
Bitget MRNAUSDT
Variational Omni MRNA
GRVT MRNA_USDT_PerpShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX MRNA-USDT | 0.0000% | 8h | 169.12 | +0.029% | $13K | $432K | 20x | as long as short |
| Phemex MRNAUSDT | 0.0000% | 8h | 169.12 | +0.030% | $1.5M | $653K | 20x | as long as short |
| BloFin MRNA-USDT | +0.0009% | 8h | 168.95 | −0.071% | $45K | $29K | 20x | as long as short |
| Injective MRNA/USDC PERP | +0.0033% | 1h | 158.62 | −6.181% | $18K | $8K | 12x | as long as short |
| Arcus MRNA-USD | +0.0040% | 1h | 168.78 | −0.172% | $2K | $65K | 10x | as long as short |
| Extended MRNA-USD | +0.0048% | 1h | 168.95 | −0.069% | $31K | $32K | 10x | as long as short |
| tradeXYZ xyz:MRNA | +0.0050% | 1h | 168.85 | −0.130% | $2.5M | $4.4M | 10x | as long as short |
| SoDEX MRNA-USD | +0.0050% | 1h | 168.90 | −0.101% | $39K | $55K | 10x | as long as short |
| Ondo Perps MRNA-USD.P | +0.0050% | 1h | 168.68 | −0.231% | $42K | $35K | 5x | as long as short |
| Lighter MRNA | +0.0240% | 1h | 169.07 | 0.000% | $98K | $1.2M | 10x | as long as short |
| Phoenix MRNA | +0.0278% | 1h | 169.54 | +0.278% | $5K | $191K | 10x | as long as short |
HTX MRNA-USDT
Phemex MRNAUSDT
BloFin MRNA-USDT
Injective MRNA/USDC PERP
Arcus MRNA-USD
Extended MRNA-USD
tradeXYZ xyz:MRNA
SoDEX MRNA-USD
Ondo Perps MRNA-USD.P
Lighter MRNA
Phoenix MRNA